Legal Question in Credit and Debt Law in Texas
can n old debt be carried over on your credit report past seven years?
Asked on 6/20/11, 9:59 am
1 Answer from Attorneys
Greg Wiley
Law Office of Greg Wiley PLLC
It is not suppose to be there. What frequently happens is a collection agency purchases it and then re-ages the debt. This is not allowable yet it happens all too frequently.
Best of Luck
Greg
www.bankruptcy-plano.com
Answered on 8/11/11, 2:07 pm